-- Helicopter Tourism Market Research Report 2019 published By Market Research Future, provides information on Global Helicopter Tourism Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By Tourism Type (Customized Tourism and General Tourism), Ownership (Fractional Ownership, Charter Service, and Joint ownership agreements) and region- Global Forecast 2023
The key players in aerospace flight control system market are Airbus (Netherlands), Bell Helicopter Textron Inc (Texas), Leonardo – S.p.A (Italy), Russian Нelicopters JSC (Moscow), Sikorsky (U.S), AVIC (China), Enstrom Helicopter Corp (Michigan), MD HELICOPTERS, INC (Arizona), Robinson Helicopter Company (California), and Turkish Aerospace Industries Inc (Turkey).
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Market Highlights
The travel and tourism industry is among the world’s largest industries with a significant economic contribution. Over the years, a number of countries, such as Australia, France, Malaysia, U.K., U.A.E., and U.S., have consistently grown as popular tourism destinations. At the same time, developing countries such as China, India, Brazil, and South Africa, are also emerging as tourist attractions in the recent years, reaping the economic benefits of the industry. Helicopters, in particular, have helped promote the industry, over the last few years. They assist in endorsing a tourist resort, hotel, or destination by enabling a scenic view of the place. They also offer short tours in and around a city, and to some major tourist destinations, offering a remarkable view from top of the sky.
Global Helicopter Tourism market is expected to reach USD 941.6 million by 2023 at a CAGR of 4.17% during the forecast period 2018-2023.
Scope of Report
This study provides an overview of the global helicopter tourism market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Helicopter tourism s market by its tourism type, ownership, and region
By Tourism Type
• Customized Tourism
• General Tourism
By Ownership
• Fractional Ownership
• Charter Service
• Joint ownership agreements
By Region
• North America
• Europe
• Asia Pacific
• Rest of the World
Market Research Analysis
The global helicopter tourism market is segmented based on tourism type, ownership, and region. On the basis of tourism type, the market as segmented as customized tourism and general tourism. Customized Tourism accounted for the largest market share of 62.35% in 2016, with a market value of USD 444.1 million, and is projected to grow at the highest CAGR of 4.28% during the forecast period. The growth in tourism sector, has resulted in the growth of the economy. Many tourism companies are partnering with resorts and private helicopter companies in order to provide customized services to tourists. This will result in the increasing use of helicopters in tourism, which will indirectly result in the growth of the market. Based on ownership, the market is segmented as fractional ownership, charter service, and joint ownership agreements. Fractional Ownership accounted for the largest market share of 48.18% in 2016, with a market value of USD 343.2 million and is projected to grow at a CAGR of 4.08% during the forecast period.
On the basis of regions, the market is segmented based on North America, Asia Pacific, Europe, and Rest of the World. The North America region is expected to dominate the helicopter tourism market due to rising helicopter tourism in major markets such as U.S., Argentina, Canada, Brazil, Mexico, and Peru. All these countries have advanced infrastructure and tourism destination which signifies the potential of the market. There are a large number of helicopter companies based in this region, which proliferate the tourism business. They are engaged in providing private, customized, or general tours to the passengers. Due to favorable government regulations and increasing partnerships with tourist resorts, helicopter operators face no trouble in offering tours to the customers. Europe is the second largest region that is expected to dominate the market during the forecast period due to steady increase in the number of helicopter companies coupled with the large number of tourist destinations in this region.
TABLE OF CONTENTS
1 Executive Summary
2 Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Drivers
4.1.1 Decline Of Crude Oil Prices
4.1.2 Increasing Usage Of Commercial Helicopters
4.1.3 Growing Popularity Of Helicopter Travel
4.1.4 Rise In Tourism
4.2 Challenges
4.2.1 Cost Linked With Helicopter Tours
4.2.2 Inconveniences Associated With Helicopters
4.2.3 Mounting Number Of Accidents
4.2.4 Stringent Government Regulations
4.3 Opportunities
4.3.1 Alliance Between The Helicopters And Resorts
4.3.2 Evolution Of Unmanned Helicopter Tourism
4.3.3 Integration Of Big Data With Helicopters
5 Market Factor Analysis
5.1 Porter's 5 Forces Analysis
5.1.1 Threat Of New Entrants
5.1.2 Bargaining Power Of Suppliers
5.1.3 Bargaining Power Of Buyers
5.1.4 Threat Of Substitute
5.1.5 Rivalry
6 Patent Trends
Continued...........
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Release ID: 491467
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